Description

multi -tenant office building for sale. $112 / sq. ft. the building brings in $14,500 / mo in rent at only 70% occupied. current cap rate of 4.8%. With the last 3 suites leased the cap rate would be 7.8%. priced well below replacement costs. great location in Cooley Ranch. at the intersection of the 215 and 10 freeways. functional 2 story elevator served building. Great stable anchor tenant ... Bill Latour attorney at Law.

School Ratings & Info

Description

multi -tenant office building for sale. $112 / sq. ft. the building brings in $14,500 / mo in rent at only 70% occupied. current cap rate of 4.8%. With the last 3 suites leased the cap rate would be 7.8%. priced well below replacement costs. great location in Cooley Ranch. at the intersection of the 215 and 10 freeways. functional 2 story elevator served building. Great stable anchor tenant ... Bill Latour attorney at Law.

Listing History

Date

Days Ago

Event

New Price

Jan 9, 2019

43 days ago

Price Reduced
:
$-165,480 (-7.66%)

$1,995,000

Nov 5, 2018

108 days ago

New on market

$2,160,480

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T08:29:07.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.

www.sonyathebroker.com/homes/89175836

1420
E
Cooley Drive
Colton,
CA
92324

Price: $1,995,000

Status: Active

Updated: 58 min ago

ID#: TR18266860

0

Beds

0

Baths

0

½ Baths

1

Acres

19,290

SQFT

$103

$/SQFT

1982

Built

Neighborhood:

273 - Colton

County:

San Bernardino

Area:

273 - Colton

Property Description

multi -tenant office building for sale. $112 / sq. ft. the building brings in $14,500 / mo in rent at only 70% occupied. current cap rate of 4.8%. With the last 3 suites leased the cap rate would be 7.8%. priced well below replacement costs. great location in Cooley Ranch. at the intersection of the 215 and 10 freeways. functional 2 story elevator served building. Great stable anchor tenant ... Bill Latour attorney at Law.

Exterior Features

Interior Features

Condo Area Units
Square Feet
Laundry Features
None

Property Features

Additional Parcels YN
No
Building Area Units
Square Feet
Building Status
Existing
Country
Us
Laundry YN
No
Leasable Area Units
Square Feet
Max Total Area Units
Square Feet
Min Total Area Units
Square Feet
Property Sub Type
Office
Special Listing Conditions
Standard
Water Source
Public

Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T08:29:07.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.

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About Us

Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T08:29:07.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.